Section 8 Fair Market Rent (FMR) for ZIP 52720 - 2027

Location: Muscatine County, IA | Metro: Cedar County, IA

Investment Score for ZIP 52720

N/A
Monthly Rent (2BR)
$970
Median Price (2BR)
$N/A
1% Rule
0%
Annual Yield
0%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$720
1 Bedroom$780
2 Bedrooms$970
3 Bedrooms$1,240
4 Bedrooms$1,450
5 Bedrooms$1,682
6 Bedrooms$1,884
7 Bedrooms$2,035
8 Bedrooms$2,137

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
3BR $1,240 $264,857 0.47% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
964
Median Household Income
$73,571
Housing Units
415
Renter Percentage
11.2%
Occupancy Rate
98.8%
Renter Occupied
46

The market analysis for Section 8 investors targeting ZIP code 52720 in Muscatine County, IA reveals a favorable environment for those looking to stabilize their investment portfolios. The HUD Fair Market Rent (FMR) for the Muscatine County metro area, set at $950 for fiscal year 2026, significantly exceeds the market rent reported by the Census American Community Survey (ACS), which stands at $775.

This disparity means that voucher tenants can cashflow comfortably at the FMR rate, ensuring landlords receive a higher rental income compared to the average market rate. This is particularly advantageous given the median home value in the area is $192,059, leading to a rent-to-price ratio that supports strong cashflow opportunities.

The median Days on Market (DOM) and the percentage of listings that experience price cuts are not applicable in this context, as they do not directly impact the rent-versus-buy dynamics for Section 8 investors. However, the strong cashflow potential makes it the most compelling aspect for investors looking to enter this market. With a consistent stream of rental income guaranteed by the government, the primary focus should be on the stability and security of returns rather than speculative gains.

The strongest investor angle in ZIP 52720 is cashflow. The difference between the HUD FMR and the market rent provides a solid financial buffer, making it an attractive option for landlords and small-portfolio investors seeking reliable income streams.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). Demographics from U.S. Census (2024).

About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.